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US Solana ETFs have ‘snowball’s chance in hell’ of approval, says analyst

21.8.2024
Solana ETF approvals are extremely unlikely this year, though VanEck’s head of digital assets, continues to believe in them

Former Bank CEO Sentenced to Prison for $47M Crypto Fraud Leading to Bank Collapse

21.8.2024
The former CEO of failed Heartland Tri-State Bank was sentenced to over 24 years in prison for embezzling more than $47 million in a fraudulent crypto scheme that caused the bank’s collapse. He funneled the stolen funds into cryptocurrency wallets linked to a “pig butchering”...

Mt. Gox Moves BTC Worth $784 Million; Good news for Creditors

21.8.2024
Mt. Gox has moved around 13.265k BTC worth US$ 784 Million to an address(1PuQBjp..WhTb). The sudden transaction has…

Donald Trump Considers Elon Musk for Cabinet Role

21.8.2024
U.S. President and Republican presidential candidate Donald Trump stated on Monday that if elected, he would consider appointing Tesla CEO Elon Musk to a cabinet or advisory role. Trump praised Musk as a “brilliant” and “very smart guy,” expressing his openness to involving...

Peter Schiff Expects Gold Mining to Be Best-Performing Sector This Decade — Foresees ‘Major Bull Market’

21.8.2024
Economist and gold advocate Peter Schiff predicts that “precious metals mining will be the best-performing sector” this decade. He highlighted that “gold mining stocks are a steal” and anticipates “a major bull market.” Additionally, Schiff cautioned that...

Nigeria’s SEC Denies Issuing Provisional Crypto Licenses

21.8.2024
Nigeria’s Securities and Exchange Commission (SEC) has announced that it has not yet issued any crypto licenses, contrary to some reports. The SEC plans to start issuing licenses for digital services and tokenized assets in August 2024. This move follows increased scrutiny of crypto exchanges and...

Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million

21.8.2024
Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $129.4 million. The Singapore-based firm, established in 2020 by CEO Leo Lu, credited this growth largely to a substantial increase in cloud mining revenue, which...

Binance to Debut Telegram’s DOGS Coin in Launchpool

20.8.2024
Binance introduces Dogs on its platform. Set for trading on August 26, this marks its debut as the…

Bit Digital Expands AI and HPC Footprint, Signs $700 Million Agreement With Boosteroid

20.8.2024
Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry. This partnership highlights Bit Digital’s strategic direction, which focuses on enhancing...